Category: crypto

Deutsche Börse has partnered with Circle to list EURC and USDC stablecoins under the EU’s MiCA regulatory framework. The stablecoins will be traded on 3DX and custodied through Clearstream. This partnership aims to provide a regulated and liquid environment for financial institutions and new market participants in Europe.

Bitwise CIO Matt Hougan predicts that Tether could become more profitable than Saudi Aramco, targeting a $500 billion valuation. Crypto is disrupting massive markets like gold and global payments, with Tether aiming for trillions in assets. Competition from non-fiat-pegged assets like real estate and gold may challenge stablecoin dominance.

IG Group, a London-listed trading platform, has become the first U.K.-listed business to receive a crypto license from the Financial Conduct Authority. This milestone allows IG to offer digital-asset trading on its platform, expanding its cryptocurrency services for customers. The approval follows IG’s partnership with Uphold Europe to offer crypto trading in June.

Amberdata has launched an AI-powered crypto intelligence platform called Amberdata Intelligence for institutional investors. The platform provides blockchain and market data in one interface, allowing users to gain insights through natural language prompts. This move reflects the increasing trend of financial institutions leveraging AI tools for market research and analytics.

Tether acquired 8,889 BTC worth $1 billion in Q3, increasing its reserves to $9.7 billion. This follows the company’s strategy of end-quarter Bitcoin acquisitions. Tether’s USDT supply is near $175 billion, reinforcing its dominance in stablecoins. Bitcoin is a key component of Tether’s reserve strategy as a hedge against market risks.

Anchorage Digital integrates with Jupiter on Solana, aiming to boost institutional access to decentralized finance. This partnership allows Anchorage’s Porto wallet to support Solana DeFi, providing secure access for institutional investors. Jupiter’s DEX ecosystem on Solana offers various DeFi tools, attracting significant investments and growing demand for SOL-related products.

Stripe’s new platform, Open Issuance, allows businesses to create their own stablecoins with customizable reserves and shared liquidity, challenging giants like Tether and Circle. Phantom Wallet is the first to partner, launching the CASH stablecoin for 15 million users. The platform aims to address the market dominance of current stablecoin issuers by providing businesses with…

A new report by Rebank discusses the potential of Real World Assets (RWAs) to transform the financial system. RWAs offer programmability and composability of digital assets, allowing for instant transfer and exchange without intermediaries. While RWAs are currently small, their growth rate is accelerating, similar to the early days of ETFs.

Phantom has introduced a new stablecoin named CASH, pegged to the U.S. dollar, on the Solana platform. With the Open Issuance platform by Stripe’s Bridge, CASH will facilitate crypto payments on Phantom Cash for 15 million wallet users. This stablecoin aims to provide real-world utility and everyday spending power in addition to traditional crypto functions.

Societe Generale-FORGE has launched its stablecoins on Morpho and Uniswap, allowing users to borrow against crypto collateral. The move reflects institutional interest in DeFi and tests regulated stablecoins in decentralized markets. The deployment aims to provide clients with 24/7 access to digital assets and offers a new asset class with tokenized money market funds. MEV…